Penn State paid Paterno's estate $5.76 million after his death

[No Elephants]

Fired, at age 85, while just about to die from cancer anyway, then given a huge "retirement" bonus.

This whole story stinks, from start to finish, from the University to Sandusky's wife to the police.

Official: Penn State paid Paterno's estate $5.76 million after his death
By the CNN Wire Staff
updated 5:34 AM EDT, Fri April 20, 2012

(CNN) -- Penn State University has paid out $5.76 million to the estate of Joe Paterno, its heralded head football coach who lost his job as part of a spiraling sex abuse scandal involving one of his former assistants, a school athletic official said Thursday.

Jeff Nelson, an assistant athletic director and spokesman for the university, said via e-mail that more than half of the payout -- $3 million -- was in the form of a retirement bonus.

The school gave Paterno's estate the balance of his employment contract because his exit as head of the Nittany Lions' football program was officially considered a retirement, not a termination, according to Nelson.

More details will be posted on http://openness.psu.edu, a website set up by the school to provide information about the case.

http://www.cnn.com/2012/04/19/us/pennsylvania-paterno-payout/index.html?hpt=hp_t3

[dtexdem]

1. The State Penn University Nambla Lions must be proud.

;-)

[DainBramaged]

2. There will NEVER be justice for the absued in this case, ever

San DOUCHEky will die before he goes to trial....

[No Elephants]

3. And his wife? And the Penn State brass? And the police?

[ellisonz]

4. Shameful all around.